Comments on: The Great American Financial Sandwich: AIG, PwC, and Goldman Sachs

By: Misunderstanding data on economic growth — Clearing and Settlement

Misunderstanding data on economic growth — Clearing and Settlement — Wed, 05 Oct 2011 05:53:48 +0000

[...] that it go on somebody else’s balance sheet as a countervailing liability. AIG is just an illustration of how the accounting for such CDOs takes [...]

By: re: The Auditors » Blog Archive » An Update On The GM IPO: The Numbers Don’t Add Up

Mon, 12 Sep 2011 13:05:38 +0000

[...] the material weakness, Deloitte supposedly did much less. The firm is comfortable - like PwC at AIGor KPMG at Citigroup – in the knowledge that the U.S. Government would never swap it out [...]

By: re: The Auditors » Blog Archive » All Points Bulletin: Auditor Litigation Spans The Globe

Wed, 09 Mar 2011 22:37:58 +0000

[...] with significant legal issues in the US. KPMG has an upcoming trial for the New Century collapse. PwC is still being sued by angry AIG shareholders. Deloitte has plenty to do defending themselves [...]

By: Why Banks, And Their Auditors, Are Getting Away With Financial System Murder - Francine McKenna - Accounting Watchdog - Forbes

Mon, 07 Mar 2011 23:58:08 +0000

[...] Treasury married KPMG all over again because they’re cheap compared to what Goldman and AIG are paying PwC, for [...]

By: re: The Auditors » Blog Archive » 2011 Loeb Award Application: Blogging

Thu, 17 Feb 2011 10:41:09 +0000

[...] The Great American Financial Sandwich: AIG, PwC, and Goldman Sachs [...]

By: In Financial Crisis Autopsy Auditors Nowhere To Be Found - Francine McKenna - Accounting Watchdog - Forbes

Fri, 11 Feb 2011 19:39:33 +0000

[...] is evidence of only one interview with a Big 4 partner, Tim Ryan of PwC regarding AIG. The fruits of that interview seem to be only a “CYA” statement referring [...]

By: re: The Auditors » Blog Archive » What A Tangled Web We Weave: AIG’s Cassano Says He Told PwC Everything

Tue, 01 Feb 2011 21:27:01 +0000

[...] PricewaterhouseCoopers has been playing consigliere to AIG for many, many years and continues to be allowed to act as their “independent” auditor in spite of the fact that they have been sued by AIG’s shareholders and are now turning their own partners against their client in court. [...]

By: Misunderstanding data on economic growth « Synthetic Assets

Misunderstanding data on economic growth « Synthetic Assets — Thu, 20 Jan 2011 21:10:27 +0000

[...] that it go on somebody else’s balance sheet as a countervailing liability. AIG is just an illustration of how the accounting for such CDOs takes [...]

By: No Bark, No Bite: PricewaterhouseCoopers Rolls Over To Beat Fraud Cases - Francine McKenna - Accounting Watchdog - Forbes

Thu, 13 Jan 2011 01:06:52 +0000

[...] the alleged “bad guys” tried to hide their bad actions from PwC. (This is even though PwC settled for $97.5 million with the Ohio Public Employees Retirement System in a related case.) “We had auditors in this [...]

By: re: The Auditors » Blog Archive » PwC Prevails In Decision On AIG “In Pari Delicto” Case

Thu, 06 Jan 2011 21:39:16 +0000

[...] because the alleged “bad guys” tried to hide their bad actions from PwC. (This is even though PwC settled for $97.5 million with the Ohio Public Employees Retirement System in a related [...]